Net Worth Calculator — Assets Minus Liabilities
Your net worth is the total value of everything you own minus everything you owe. Enter your assets (savings, investments, property) and liabilities (loans, debts) to get your complete financial picture. Tracking net worth over time is the best way to measure financial progress.
Assets (What You Own)
Liabilities (What You Owe)
How the Formula Works
Net Worth: Total Assets − Total Liabilities
Assets include: cash, investments, retirement accounts, real estate, vehicles, and valuables.
Liabilities include: mortgages, car loans, student loans, credit card balances, and personal loans.
Example: $350,000 in assets − $180,000 in liabilities = $170,000 net worth.
Frequently Asked Questions
What is net worth?
Net worth = Total Assets − Total Liabilities. It's the most comprehensive measure of your financial health. A positive net worth means you own more than you owe.
What is a good net worth by age?
A common benchmark is to have a net worth equal to your annual salary by age 30, 3× by 40, 6× by 50, and 8× by 60. However, these are rough guidelines — everyone's situation is different.
Should I include my home in net worth?
Yes, include your home's current market value as an asset and your remaining mortgage balance as a liability. The difference is your home equity.
How often should I calculate my net worth?
Most financial advisors recommend calculating net worth quarterly or annually. Tracking it over time shows whether you're building wealth or accumulating debt.
What is the average American net worth?
According to the Federal Reserve, the median US household net worth is around $192,000 (2022). The mean is much higher (~$1.06M) due to ultra-wealthy households skewing the average.